Standard Chartered PLC (OTCMKTS:SCBFF) Short Interest Up 24.4% in February

Standard Chartered PLC (OTCMKTS:SCBFF) was the target of a significant growth in short interest in February. As of February 15th, there was short interest totalling 82,500 shares, a growth of 24.4% from the January 31st total of 66,300 shares. Based on an average daily trading volume, of 6,300 shares, the days-to-cover ratio is currently 13.1 days.

Standard Chartered Price Performance

SCBFF stock opened at $16.11 on Friday. The business’s fifty day moving average price is $13.52 and its 200 day moving average price is $11.92. Standard Chartered has a 12-month low of $7.70 and a 12-month high of $16.43. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.48. The company has a market capitalization of $39.54 billion, a PE ratio of 14.51 and a beta of 0.75.

Standard Chartered (OTCMKTS:SCBFF) last issued its quarterly earnings results on Friday, February 21st. The company reported $0.28 earnings per share (EPS) for the quarter. Standard Chartered had a net margin of 8.56% and a return on equity of 8.80%. The company had revenue of $4.80 billion for the quarter. On average, sell-side analysts anticipate that Standard Chartered will post 1.66 EPS for the current year.

Standard Chartered Company Profile

Standard Chartered PLC, together with its subsidiaries, provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas. The company operates in three segments: Corporate, Commercial & Institutional Banking; Consumer, Private & Business Banking; and Ventures.